GOOG - $465 And $470
Those are the two price levels for Google’s stock to watch in the very short term for support and resistance. An intraday chart will show you what I am talking about. If you are reading this comment after today or tomorrow at the latest, then this is old news …
Also, watch the volume as price breaks out of this trading range as it will do. Higher than normal volume will add some conviction to a break out or break down. But if one of those analysts opens their mouth and the stock moves on the “news", well then forget it. Remember this, no news is good news - at least in terms of a substainable move.
